Collective dismissals Sample Clauses

Collective dismissals. During the 12 months prior to the date of this Deed, the Target Companies have not initiated or completed the implementation of any collective dismissals.
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Collective dismissals. Within the period of 2 years before the date of this Agreement, the Seller has not initiated or completed the implementation of any collective dismissals or implemented or entered into a social plan. There is not and has not been any (collective) severance agreement, social plan or similar plan applicable to the Employees and/or former employees of the Business.
Collective dismissals. In the [***] preceding the Agreement Date, no Acquired Entity has given notice of collective dismissals or started consultations with a labor or trade union under any Legal Requirement or complied with its obligations under any employment legislation in respect of any collective dismissals or incurred any Liability for failure to provide information or to consult with employees under any law. No Acquired Entity has any obligation, whether contractual or otherwise, to make redundancy payments or other severance payments in excess of the statutory minimum levels, nor has any Acquired Entity proposed or is proposing to make any ex gratia or voluntary payments on redundancies or other collective or individual dismissals.
Collective dismissals. Except as listed in Exhibit Part E, 9, no social plans or reduction in force plans are applicable to any Target Company. Within the period of 12 months before the date of this Agreement, the Target Companies have not initiated or completed the implementation of any collective dismissals or implemented or entered into a social plan other than as listed in Exhibit Part E, 9. Within the period of the 12 months before the date of this Agreement, no Target Company has caused a “plant closing” or “mass layoff” as defined by the Worker Adjustment and Retraining Notification Act or any similar state or local law (collectively, the WARN Act). No employee of any Target Company at a U.S. facility with sufficient numbers of employees to be covered by the WARN Act has suffered an employment loss as defined in the WARN Act within the ninety (90) day period ending on the Closing Date.
Collective dismissals. Within the twelve (12) months prior to the date hereof, the Swordfish Acetow Group has not initiated or completed the implementation of any collective dismissals or implemented or entered into a social plan with respect to the Swordfish Employees.
Collective dismissals. Within the twelve (12) months prior to the date hereof, the Cobia Contributor Group, as applicable to the Cobia Business, and the Cobia Acetow Group, has not initiated or completed the implementation of any collective dismissals or implemented or entered into a social plan with respect to the Cobia Business Employees.
Collective dismissals. No dismissals of more than 20 employees in any period of 90 days have been carried out by a Target Company within the two year period preceding the date of this agreement.
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Collective dismissals. Within the period of 1 year before the date of this Agreement, the Target Companies have not initiated or completed the implementation of any collective dismissals (being any dismissals of a group of 20 or more individuals in any period of ninety consecutive days) or implemented or entered into a social plan and there is no plan or intention to do so.

Related to Collective dismissals

  • Employment Services The Company shall employ the Executive, and the Executive agrees to be so employed, in the capacity of the Chief Operating Officer of the Company to serve for the Term hereof, subject to earlier termination as hereinafter provided. The Executive shall assume and discharge such duties and responsibilities as are commensurate with the Executive’s position. The Executive shall be a full-time employee of the Company and shall exert his best efforts and devote substantially all of his business time and attention to the Company’s affairs and the performance of his duties hereunder.

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Exclusive Employment During employment with the Company, Executive will not do anything to compete with the Company’s present or contemplated business, nor will he plan or organize any competitive business activity. Executive will not enter into any agreement which conflicts with his duties or obligations to the Company. Executive will not during his employment or within one (1) year after it ends, without the Company’s express written consent, directly or indirectly, solicit or encourage any employee, agent, independent contractor, supplier, customer, consultant or any other person or company to terminate or alter a relationship with the Company.

  • Termination by Employee with Good Reason Employee may terminate his employment with Good Reason by providing the Company thirty (30) days’ written notice setting forth with reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such thirty (30) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Employee’s termination will be effective upon the date immediately following the expiration of the thirty (30) day notice period, and Employee shall be entitled to the same payments and benefits as provided in Section 8(d) above for a termination without Cause, it being agreed that Employee’s right to any such payments and benefits shall be subject to the same terms and conditions as described in Section 8(d) above. Following such termination of Employee’s employment by Employee with Good Reason, except as set forth in this Section 8(e), Employee shall have no further rights to any compensation or any other benefits under this Agreement.

  • Consequences of Termination of Employment The consequences of the Holder’s termination of employment during the Performance Cycle and before a Change in Control shall be as follows:

  • Termination of Employment by the Company During the Term, the Company may terminate the Executive's employment at any time with or without Cause (as defined below) pursuant to the Notice of Termination provision below.

  • Continuance of Employment/Service Required; No Employment/Service Commitment The vesting schedule requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Option and the rights and benefits under this Option Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Grantee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 4 below or under the Plan. Nothing contained in this Option Agreement or the Plan constitutes a continued employment or service commitment by the Corporation or any of its Subsidiaries, affects the Grantee’s status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Grantee any right to remain employed by or in service to the Corporation or any Subsidiary, interferes in any way with the right of the Corporation or any Subsidiary at any time to terminate such employment or service, or affects the right of the Corporation or any Subsidiary to increase or decrease the Grantee’s other compensation.

  • Termination of Employment Agreement (a) Effective as of the Effective Date and immediately prior to the Effective Time, the Employment Agreement is hereby terminated and shall be of no further force or effect whatsoever; provided, however, that, and notwithstanding anything in this Agreement to the contrary, such termination shall be contingent on the closing of the Merger.

  • Termination of Employment Severance Your immediate supervisor or the Company's Board of Directors may terminate your employment, with or without cause, at any time by giving you written notice of your termination, such termination of employment to be effective on the date specified in the notice. You also may terminate your employment with the Company at any time. The effective date of termination (the "Effective Date") shall be the last day of your employment with the Company, as specified in a notice by you, or if you are terminated by the Company, the date that is specified by the Company in its notice to you. The following subsections set forth your rights to severance in the event of the termination of your employment in certain circumstances by either the Company or you. Section 5 also sets forth certain restrictions on your activities if your employment with the Company is terminated, whether by the Company or you. That section shall survive any termination of this Agreement or your employment with the Company.

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